Solved

As a Result of the Drop in the Oil Price

Question 76

Multiple Choice

As a result of the drop in the oil price and resulting drop in oil production in 2015, many Alberta companies including local Tim Hortons cut production and employment.The total amount of spending in the economy is known as


A) deficit spending.
B) planned investment spending.
C) aggregate expenditure.
D) equilibrium spending.
E) total production.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions